Brian Schumacher Earns American Bankers Association’s 40 Under 40 in Wealth Management Award

GRAND FORKS, N.D. (Dec. 4, 2020) – Alerus is pleased to announce Brian Schumacher, senior vice president and director of wealth management, has been recognized by the American Bankers Association as a member of the 40 under 40 in wealth management class of 2021. The award recognizes wealth management professionals who are committed to the highest standards of achievement at work and in their communities.

Schumacher leads Alerus’ wealth management division, which focuses on clarifying and achieving the wealth needs of individual and institutional clients. As a member of Alerus’ senior management team, he also plays a key role in shaping the company’s future by collaboratively addressing risk/return decisions, strategic issues, and organizational management.

“Brian is dedicated to the wealth management profession and the broader view of financial wellness for all, and continually seeks opportunities to enhance his industry knowledge and be a more effective leader,” Ann McConn, chief shared services officer, says. “This focus on learning and knowledge, coupled with a strong desire to improve clients’ lives through financial wellbeing, makes him extremely impactful. We are fortunate to have Brian on our team and thrilled to see him receive this much-deserved recognition.”

In addition to his professional duties, Schumacher is a long-time volunteer for Junior Achievement and past investment chair for North Dakota Dollars for Scholars. He is also a Chartered Retirement Planning Counselor and Chartered Retirement Plan Specialist. Schumacher lives in Thompson, North Dakota, with his wife and their three children.

About Alerus

Alerus (Alerus Financial, N.A.) is a diversified financial services company headquartered in Grand Forks, N.D. Alerus offers business and consumer banking products and services, residential mortgage financing, employer-sponsored retirement plan and benefit administration, and wealth management including trust, brokerage, insurance, and asset management. These solutions are delivered through a relationship-oriented primary point of contact along with responsive and client-friendly technology. Alerus banking and wealth management offices are located in Grand Forks and Fargo, N.D., the Minneapolis-St. Paul, Minn. metropolitan area, and Scottsdale and Mesa, Ariz. Alerus Retirement and Benefits plan administration offices are located in St. Paul and Albert Lea, Minn., East Lansing and Troy, Mich., and Bedford, N.H.